Ecclestone v. Indialantic, Inc.

This case involves the right to vote 451 shares of the common stock of Indialantic, Inc., a Florida corporation. The facts are not in dispute and are as follows: Indialantic, Inc., is a corporation organized in 1935 and now exists under the laws of the State of Florida. On June 8,1942, Harold H. Emmons was the owner of 451 shares of stock of the above corporation. Owing to certain litigation he was then having with the George H. Cummings Foundation he entered into an agreement to transfer this stock to the Detroit Orthopedic Clinic subject to the following reservation:

“As a part consideration…